Gold price hits $2,450 on rate cut optimism, geopolitical risks The metal's strength has been linked to central bank purchases, robust demand from Asia and elevated geopolitical tensions. Staff Writer | May 20, 2024 | 8:58 am
Zimbabwe asks miners to ramp up gold output to support new currency Zimbabwe has been accumulating gold reserves at the central bank’s vaults to back the ZiG, short for Zimbabwe Gold. Bloomberg News | May 20, 2024 | 8:21 am
Iron ore price climbs to 3-month high on prospects of improved property demand China announced "historic" steps on Friday to stabilize its property sector. Reuters | May 20, 2024 | 8:16 am
Copper price hits record above $11,000 on bets that shortage looms Several developments in 2024 have emboldened copper bulls and drawn in a rising tide of speculative money. Bloomberg News | May 20, 2024 | 8:09 am
Copper’s record run at risk as US shipments calm speculator frenzy At least 100,000 metric tons of copper are en route to the US CME exchange, Reuters sources say. Reuters | May 20, 2024 | 8:05 am
Clash between mining co-ops in Bolivia leaves one person dead, two injured The incident took place near the Tipuani River, one of the most important gold mining areas in Bolivia. Staff Writer | May 19, 2024 | 8:02 am
ICSID rules in favour of Peru in decade-long dispute with Kaloti Metals The ICSID ruled in favour of Peru in a decade-long dispute with gold dealer Kaloti Metals over five seized gold shipments. Valentina Ruiz Leotaud | May 19, 2024 | 7:28 am
Deep-sea mining dust clouds travel long distances – research A portion of the stirred-up bottom material caused by deep-sea mining remains visible in the water at long distances. Staff Writer | May 19, 2024 | 6:03 am
BHP debates improved Anglo bid as time runs out in takeover saga BHP faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few days? Bloomberg News | May 18, 2024 | 2:03 pm